Meaning secured transaction
What does secured transaction mean? Here you find 4 meanings of the word secured transaction. You can also add a definition of secured transaction yourself
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secured transactionn. any loan or credit in which property is pledged as security in...
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secured transactionAn arrangement in which a lender or buyer pledges property as collateral for a loan or sale. (See also: secured debt)
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secured transactiona transaction that is intended to create a security interest in personal property (as goods) or fixtures and that is governed by Article 9 of the Uniform Commercial Code compare security agreement
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secured transactionn. any loan or credit in which property is pledged as security in the event payment is not made.
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